The Europe Ultra-low-power Microcontroller Market would witness market growth of 9.4% CAGR during the forecast period (2021-2027).
The ultra-low-power microcontrollers are significantly being employed in smart cities and smart industries for mission-critical applications. These devices are also significantly utilized in process sectors like power plants, oil and gas, and mining to enable a wide range of digital communication systems such as remote fluid measurement and valve control. Motion detectors, fire and smoke alarms, electronic locks, and other battery-powered devices are becoming smaller and lighter, increasing the requirement to reduce power consumption.
The MCUs' ultra-low-power active/retention modes increase the battery-powered device's uptime. Ultra-low-power microcontrollers are able to store, process, and act on the large amounts of data needed by these devices, with up to 3MB flash, scalable memory architecture,1MB SRAM, and multi-core choices. The security level offered by these devices is comparable to that provided by the government and financial institutions, as they employ a modular arithmetic accelerator with a hardware entropy generator for advanced security features, Including AES, ECDSA, RSA, DSA, TRNG, as well as support for secure boot loading.
In this region, the automotive sector has a significant multiplier effect. It is critical for both upstream and downstream sectors, such as chemicals, steel, and textiles, as well as ICT, maintenance, and mobility services. Germany is one of the world’s greatest automobile sector comprising countries along with engineering prowess. German automobiles represent highly prized traits such as innovation, dependability, safety, and design. In addition, Germany is Europe's largest production and supply market. The country's world-class research and development facilities, extensive industrial value chain convergence, and highly qualified personnel offer an unrivalled automotive environment on the worldwide stage. It enables businesses to create cutting-edge technologies that perfectly meet the mobility requirements of the new generation. Moreover, several projects are underway in the region in order to increase local computer chip and semiconductor manufacture.
The Germany market dominated the Europe Ultra-low-power Microcontroller Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $457 million by 2027. The UK market is poised to grow at a CAGR of 8.5% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 10.2% during (2021 - 2027).
Based on Packaging Type, the market is segmented into 32-bit, 16-bit and 8-bit. Based on End User, the market is segmented into Consumer Electronics, Telecommunications, Servers & Data Centers, Automotive, Aerospace & Defense, Healthcare, Manufacturing, and Others. Based on Peripheral Device, the market is segmented into Analog Devices and Digital Devices. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Ultra-low-power Microcontroller Market Size will Hit $7.5 Billion by 2027, at a CAGR of 9.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Texas Instruments, Inc., STMicroelectronics N.V., Renesas Electronics Corporation, Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices, Inc., ON Semiconductor Corporation, Intel Corporation, Toshiba Corporation, and Rohm Semiconductors Co., Ltd.
By Packaging Type
By End User
By Peripheral Device
By Country
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